DPIIT issues Press Note amending FDI policy on investments from countries sharing land border with India
In brief
The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India, issued a press note1 amending Para 3.1.1 of the Consolidated Foreign Direct Investment Policy Circular of 2020 (FDI policy)2 to clarify the meaning of ‘beneficial owner’ of an investment into India linked to countries sharing a land border with India (LBC) and to introduce a reporting requirement for certain investor ownership structures.
The amendment will take effect from the date of the corresponding notification amending the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019 (NDI Rules).
Source
- Press Note 2 (2026 Series) dated 15 March 2026
- Dated 15 October 2020 (earlier notified vide Press Note 3 of 2020 dated 17 April 2020)
DPIIT issues Press Note amending FDI policy on investments from countries sharing land border with India
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